Economist warns Wall Street of big mistake over Trump
Digest more
Trump, TACO and tariffs
Digest more
Trump said that about “10 or 12” tariff letters would go out Friday, with additional letters coming “over the next few days.”
6hon MSN
Enthusiasm for McDonald’s resurrection of the fan favorite Snack Wrap made it all the way to Wall Street, as shares of McDonald’s rose after one prominent firm upgraded its rating for the fast food giant.
It’s called “TACO,” which is code for “Trump Always Chickens Out,” and it refers to the president’s tendency to announce massive tariffs, causing the markets to plunge, only to back off days later, causing them to rise again. Most credit Financial Times commentator Robert Armstrong for coining the term.
Even Wall Street can't keep up with Trump's tariff swings. ... The TACO Kid: Wall Street is mocking Trump — and it has nothing to do with his diet. Published: May. 28, 2025, 11:10 a.m.
‘TACO’: Wall Street traders have a coded diss that means they’re betting against Trump. Wall Street investors have picked up on the president’s pattern of backing down from his trade war ...